# mPrest Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mprest-systems

- Industry: IT Security/Cybersecurity
- Headquarters: Petah Tikva, Israel
- Website: www.mprest.com
- Total disclosed funding: $20M
- Latest round: Series A (Jan 25, 2016)
- Investors on record: 2

## About

mPrest Systems Ltd. delivers advanced software solutions tailored for energy, defense, and smart city applications, enhancing operational efficiency and asset management through innovative technology.Founded in 2003 and headquartered in Petah Tikva, Israel, mPrest Systems Ltd. provides sophisticated software solutions. The company has undergone strategic developments, including its most recent funding round in October 2017, where it raised USD 10 mn in Series B funding led by Vector Limited. The firm has completed a total of 2 deals, with its innovative solutions primarily serving various sectors.mPrest specializes in advanced software solutions that cater to various industries, including energy, defense, and smart city initiatives. The company's core offerings include a Distributed Energy Resource Management platform and an Asset Health Management system, designed to optimize the performance and reliability of critical assets. These products enable organizations to manage complex energy networks, improve operational efficiency, and enhance asset health through real-time data analytics and intelligent decision-making. The end users of mPrest's solutions include energy providers, defense contractors, and municipal authorities focused on developing smart, safe cities. Their products are marketed primarily in North America, Europe, and parts of Asia, targeting both public and private sector clients who require robust, scalable technology solutions.The revenue model for mPrest revolves around a combination of subscription-based services and partnerships with various industry stakeholders. Clients typically engage with the company through long-term contracts that encompass software licensing, implementation services, and ongoing support. The business transactions structure is primarily B2B, with transactions initiated through direct sales and consulting engagements. mPrest offers tiered pricing plans for its flagship products, allowing clients to select the most suitable solutions based on their specific needs and operational scale. This structured approach provides flexibility for clients and facilitates consistent revenue generation for the company through renewals and expansions of service agreements.mPrest Systems Ltd. plans to leverage its recent USD 10 mn funding from Vector Limited to enhance its product offerings and expand into new markets. Upcoming products are geared towards enhancing the capabilities of their existing platforms. The company aims to penetrate additional geographical regions, particularly in Asia and Europe, by 2023, aiming to broaden its client base and reinforce its position in the smart technology landscape.

## Funding rounds

- Series A, Jan 25, 2016, $20M — GE Capital, Equity, OurCrowd

## Investors

- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A